Asia Pacific

Panda and dim sum bonds are set to end 2016 with different outcomes with the former gaining plenty of traction as the latter suffers from a dire lack of appetite, according to GlobalRMB data.

Bank of Tokyo-Mitsubishi UFJ (BTMU) has named Vivian Sam as assistant general manager of event finance at its Asian investment banking division (AIBD), in a new role for the former Citi acquisition finance banker.

National Australia Bank has opened books for its second dollar-denominated covered bond of the year and the third in dollars from Australia this year.

State Power Investment Corp (SPIC) fired the starting pistol in Asia’s dollar bond market this week, selling a $1.2bn dual tranche offering on Tuesday. The state-owned enterprise played off its strong name and high rating, and ended up paying little by way of new issue premium, even though the market was volatile.

Wavin Duta Jaya, one of Indonesia’s largest makers of PVC pipes, is looking to list next year, having hired a trio of bookrunners for the transaction.

India’s Reliance Industries, which asked banks for feedback on a new loan to replace a $1.75bn borrowing signed in November 2013, has picked lenders to arrange the funds.

Samsung Electronics Co is toying with the idea of splitting itself in two and floating shares on an international exchange.

Asia’s debt capital markets opened with a bang on Wednesday with five issuers fighting for attention. Investors have plenty of choice including a euro deal and a trio of dollar offerings from Chinese FIG and corporate names.

South Korea's Shinhan Bank opened books to its second dollar tier two deal of the year Wednesday morning.

Intercontinental Exchange has appointed a chairman for its Singapore trading and clearing operations.

IPOs in Hong Kong this year have been dominated by friends and family investors or throttled by cornerstone accounts. But the appearance of technology company Meitu could be the deal the market needs to attract foreign investors, so it can’t be allowed to slip into the ranks of mainland dominated deals.

Shakey’s Pizza Asia Ventures raked in Ps3.5bn ($69.3m) through a Philippines IPO on Tuesday, attracting sturdy interest from long-only funds.